Ryukyu Corporation Joins Shao Ning, Deputy Director of the State-owned Assets Supervision and Administration Commission of China National Petroleum Corporation

One is the transnational engineering company that represents the highest level of engineering design in the Chinese chemical industry, and the other is the largest super oil group in China. China Ryukyu Engineering Co., Ltd. officially joined the China National Petroleum Corporation on June 14th, signifying that the two sides have jointly opened a new page of restructuring and integrating China's oil refining and chemical industry chain.

At the welcome meeting held at the headquarters of China National Petroleum Corporation, Shao Ning, deputy director of the State-owned Assets Supervision and Administration Commission, congratulated. Tan Zhuzhou, honorary president of the China Petroleum and Chemical Industry Association, delivered a speech. He said that with the approval of the State Council, China Ryukyu Engineering Co., Ltd. has joined CNPC, which is another major measure for the optimization and reorganization of the chemical industry structure, and a win-win move for companies to enhance their international competitiveness and state-owned economy control. PetroChina's "oil" is "big" and the international engineering design of Ryukyu is first class. The two sides are integrated into one, with upstream resources advantages, technological and human resources advantages, and complementary advantages turned into competitive advantages, providing huge business opportunities for common development.

Jiang Jiemin, deputy general manager of China National Petroleum Corporation, said that China National Petroleum and Ryukyu Corporation are long-term partners. Ryukyu Company's participation in PetroChina is not only an industrial restructuring but also an integration of its business chain. It has positive and significant implications for the development of both parties and will help improve the core competitiveness of PetroChina's refining and petrochemical business. He said that with the support of CNPC, Ryukyu Corporation has a larger stage for value display, a higher platform for cooperation and competition, more opportunities for expanding markets, achieving greater size and strength, and a stronger overall synergy and speed of development. Will be faster. And promised that as long as it is conducive to improving the competitiveness of the Ryukyu Corporation, PetroChina will fully support it.

Wang Shihong, general manager of China Ryukyu Engineering Co., Ltd., emphasized in the welcome meeting that it is necessary to further give full play to its own advantages, increase the independent innovation level of China's refining and chemical industry, increase competitiveness and “going out” technical capabilities, and accelerate the completion of CNPC into an internationally competitive multinational company. pace of.

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